Nuveen Dynamic Municipal Stock Return On Equity
| NDMO Stock | USD 10.53 0.01 0.1% |
Nuveen Dynamic Municipal fundamentals help investors to digest information that contributes to Nuveen Dynamic's financial success or failures. It also enables traders to predict the movement of Nuveen Stock. The fundamental analysis module provides a way to measure Nuveen Dynamic's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Nuveen Dynamic stock.
| Last Reported | Projected for Next Year | ||
| Return On Equity | 0.03 | 0.03 |
Nuveen | Return On Equity |
Nuveen Dynamic Municipal Company Return On Equity Analysis
Nuveen Dynamic's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Nuveen Dynamic Return On Equity | 0.0311 |
Most of Nuveen Dynamic's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Nuveen Dynamic Municipal is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Nuveen Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Nuveen Dynamic is extremely important. It helps to project a fair market value of Nuveen Stock properly, considering its historical fundamentals such as Return On Equity. Since Nuveen Dynamic's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Nuveen Dynamic's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Nuveen Dynamic's interrelated accounts and indicators.
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For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Nuveen Total Stockholder Equity
Total Stockholder Equity |
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Nuveen Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nuveen Dynamic's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Nuveen Dynamic could also be used in its relative valuation, which is a method of valuing Nuveen Dynamic by comparing valuation metrics of similar companies.Nuveen Dynamic is currently under evaluation in return on equity category among its peers.
Nuveen Fundamentals
| Shares Outstanding | 59.56 M | ||||
| Shares Owned By Institutions | 10.25 % | ||||
| Number Of Shares Shorted | 29.32 K | ||||
| Price To Earning | 5.92 X | ||||
| Price To Book | 0.97 X | ||||
| Price To Sales | 17.13 X | ||||
| Total Debt | 277.61 M | ||||
| Short Ratio | 0.18 X | ||||
| Earnings Per Share | 0.61 X | ||||
| Market Capitalization | 627.19 M | ||||
| Total Asset | 861.11 M | ||||
| Retained Earnings | (257.22 M) | ||||
| Annual Yield | 0.08 % | ||||
| Net Asset | 861.11 M |
About Nuveen Dynamic Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nuveen Dynamic Municipal's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nuveen Dynamic using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nuveen Dynamic Municipal based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Nuveen Dynamic
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Nuveen Dynamic position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Nuveen Dynamic will appreciate offsetting losses from the drop in the long position's value.Moving against Nuveen Stock
| 0.62 | LC | LendingClub Corp | PairCorr |
| 0.52 | GS | Goldman Sachs Group Fiscal Year End 21st of January 2025 | PairCorr |
| 0.47 | V | Visa Class A | PairCorr |
| 0.45 | MS | Morgan Stanley Sell-off Trend | PairCorr |
| 0.43 | DIST | Distoken Acquisition | PairCorr |
The ability to find closely correlated positions to Nuveen Dynamic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nuveen Dynamic when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Nuveen Dynamic - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Nuveen Dynamic Municipal to buy it.
The correlation of Nuveen Dynamic is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Nuveen Dynamic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nuveen Dynamic Municipal moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Nuveen Dynamic can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Nuveen Dynamic Piotroski F Score and Nuveen Dynamic Altman Z Score analysis. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nuveen Dynamic. If investors know Nuveen will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nuveen Dynamic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.61 |
The market value of Nuveen Dynamic Municipal is measured differently than its book value, which is the value of Nuveen that is recorded on the company's balance sheet. Investors also form their own opinion of Nuveen Dynamic's value that differs from its market value or its book value, called intrinsic value, which is Nuveen Dynamic's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nuveen Dynamic's market value can be influenced by many factors that don't directly affect Nuveen Dynamic's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nuveen Dynamic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nuveen Dynamic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuveen Dynamic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.